Sentences with phrase «sponsored tuition plans»

Not exact matches

Also known as a qualified tuition plan, 529s are sponsored by states, state agencies and educational institutions.

All 529 plan administrators direct payment for K - 12 directly to the plan sponsor (the parent in most cases, but grandparents can play too), hence it is your responsibility to retain receipts for qualifying tuition payments.

Legally known as a «qualified tuition plan,» these college savings vehicles can be sponsored by states, state agencies or educational institutions.

The bill to include for - profit colleges in the tuition plan is sponsored by two Bronx lawmakers, Democratic Assemblyman Victor Pichardo and Sen. Jeffrey Klein, who leads the Independent Democratic Conference.

A Cuomo spokesman Wednesday knocked by name Assemblyman James Skoufis, a sponsor of a free SUNY tuition bill in the chamber, for questioning the governor's tuition plan, and suggesting the lawmaker was motivated by the lack of a pay raise agreement last month.

Cuomo's point man for the free tuition plan, Jim Malatras, spoke at a forum sponsored by the budget watch dog group The Empire Center.

The government's «Schools that work for everyone» consultation set out plans that would require universities to sponsor a school or open a new school if they wish to charge more higher tuition fees.

Have you contributed to a state - sponsored 529 tuition savings plan?

529 plans, legally known as «qualified tuition plans,» are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code.

A Qualified Tuition Program, or «529 Plan» (named for the section of tax code which describes it), is a special state - sponsored savings account set up to pre-pay for college expenses.

In addition, many private colleges and universities sponsor pre-paid tuition plans which allow you to lock - in tuition rates and mitigate the risk of escalating tuition prices.

Most prepaid tuition plans are sponsored by state governments and have residency requirements.

529 plans, legally known as «qualified tuition plans,» are usually sponsored by states or state agencies, and are authorized by Section 529 of the Internal Revenue Code.

If your prepaid tuition payments aren't guaranteed, you may lose some or all of your money in the plan if the plan's sponsor has a financial shortfall.

Most prepaid tuition plans are sponsored by state governments and have residency requirements for the college saver and / or beneficiary.

Earnings accumulated in the plan are not subject to federal taxes and, in many cases, state taxes (if you're a resident of the sponsoring state)-- as long as funds are used for qualified higher - education expenses like tuition, housing and books / equipment.

In addition, a group of private colleges and universities sponsor a prepaid tuition plan.

This plan also provides funds in the form of tuition fee reimbursements in case of death of the sponsor of the student.

It is a two year plan that covers everything from medical expenses and passports to special allowances like tuition fees and sponsor protection.